Blockchain Liangqiu: 5.25 Bitcoin/Ethereum Operation Strategy with Market Analysis

The market is always missed in hesitation. Yesterday evening, we again arranged short orders near 3740 Ethereum and 68100 to 68500 for Bitcoin. Then Ethereum began to fluctuate and fall to the target of 3660, and also won 70 to 80 points of space. However, Bitcoin took a divergence pattern and the market was pulled up, reaching the highest level of 69200. At present, the market has risen again and fluctuated sideways. The current trend structure is that since Ethereum has risen and fallen from 3940, the middle track position of the four-hour line has begun to be under pressure and the Bollinger band has narrowed. The upper 3780 and 3860 have been suppressed.

After the long and short positions of Bitcoin and Ethereum have been washed back and forth, they will eventually return to technical analysis. Judging from the current market, the long and short positions are still in a period of anxious fluctuations. In the four-hour view, Bitcoin and Ethereum are currently hovering and fluctuating around the middle track, which happens to be at the top and bottom conversion position in the previous period. Once this position cannot be physically broken at the four-hour level, there will still be a risk of rising and falling. From the daily moving average indicator, although Bitcoin surged in the short term, it did not effectively break through the 7-day moving average of 69,000.

For subsequent operations, it is recommended to take high-altitude operations as the main approach, and enter the market with short orders in batches around 3770 to 3800 for Ethereum, with a target of around 3650 to 3700;

Enter the market with short orders in batches around 68,900 to 69,300 for Bitcoin, with a target of around 67,000 to 67,500. #ETH #BTC #新币挖矿 $ETH